Archive for January, 2009
Questions of Cash: The Co-operative Bank? Not this time: The Independent
Q. At the beginning of October 2008, I sent a cheque and an application form to the Co-operative Bank to put £250,000 into a three-month deposit account. Three months later, in spite of numerous telephone calls, the account has not been opened. The first delay was because the bank decided I needed to fill in [...]
Lenders phase-out buy-to-let mortgages: Primelocation
People wanting to buy properties to rent may find it impossible to arrange a mortgage, the latest figures from analysts Moneyfacts suggest. Moneyfacts reports that 93% of buy-to-let mortgage products have been withdrawn in the last 18 months.
For full story go to http://www.primelocation.com/news/lenders-phase-out-buy-to-let-mortgages/
Tough new year for mutuals: Co-operative News
Happy new year is the traditional refrain for January. Except this year, it seems very inappopriate – this may be anything but a happy 2009.
All those who spent their youthful years warning that we had a casino economy, built on a pack of cards (sorry for the mixed metaphors), has been proved right. But being [...]
Foxtons ‘is not collapsing’, insist owners: Primelocation
Foxtons, the estate agency that brought ‘bling’ to the property market, is not in danger of collapsing, nor will it be sold, its owners insist.
For full story go to http://www.primelocation.com/news/foxtons-is-not-collapsing-insists-owners/
Base rate cut to lowest ever level: Primelocation
The Bank of England has cut the base rate to a mere 1.5% - the lowest rate in its 315 year history. But some of the largest mortgage lenders are unlikely to pass on to borrowers the full benefit of the reduction.
For full story go to http://www.primelocation.com/news/base-rate-cut-to-lowest-ever-level/
South East prices fall fastest: Primelocation
English property prices are falling fastest in the South East and London, according to the latest figures published by the Land Registry.
For full story go to http://www.primelocation.com/news/south-east-prices-fall-fastest/
More houses become affordable: Primelocation
Falling house prices are good news for potential first-time buyers, the Halifax review of housing affordability has stressed. There has been a big improvement in housing affordability over the last year.
Go to http://www.primelocation.com/news/more-houses-become-affordable/ for full story.
Questions of Cash: ‘HSBC sold my 94-year-old father a six-year plan’: The Independent
Questions of Cash: ‘HSBC sold my 94-year-old father a six-year plan’
Q. My late father sought investment advice from the HSBC in 2006, when he was nearly 95 and in poor health. Yet the HSBC adviser recommended two six-year savings products from HSBC: a Guaranteed Capital Account and a Capital Protected ISA. My father took this [...]
Unlocking your career with an MBA: Velocity
Quitting a well-paid job to study is never an easy decision – but may seem especially foolhardy during the worst recession in decades. Yet would-be senior executives are increasingly doing exactly that by signing up for MBA courses – believing that the better educated they are, the more money they will earn and the higher [...]
Planning for an unknown future: Vision
The future can be thought of as a range of alternative destinations, only one of which will be reached. A challenge for educationalists is to visualise which that will be and how that location will affect schools and teaching.
‘Beyond Current Horizons’ (BCH) is a means by which a clearer and more accurate road map to [...]
